‘Not just a cyclical recovery, but a boom.’ BofA says a ‘key tail risk’ is that the Trump economy will actually start to take off

FundedFX is shaking up the proprietary trading world by launching global trading challenges that offer flexible scaling options and on-demand payouts. Essentially, traders can now test their skills in a competitive environment with the potential to grow their funded accounts faster—and get paid when they want, not just on a fixed schedule.

Editor’s Note: For traders, this is a big deal because it removes some of the rigid structures that often come with prop firms. Flexible scaling means more control over growth, and on-demand payouts mean quicker access to earnings—both of which are rare in this space. If you're in trading, this could be a game-changer for how you manage risk and rewards.

Tom Hayes, a former UBS trader wrongfully imprisoned for five years over allegations of interest rate rigging, is finally seeing justice after the U.K. Supreme Court overturned his conviction. The court ruled his trial was unfair, effectively clearing his name. Hayes opens up about the emotional toll of the ordeal and the bittersweet relief of being vindicated.

Editor’s Note: This isn’t just about one man’s exoneration—it’s a stark reminder of how flawed legal processes can upend lives. Hayes’ case also raises bigger questions about accountability in financial markets and whether others were unfairly targeted in the aftermath of the 2008 crisis. His story resonates because it’s a rare win for the little guy against a system that often feels stacked.

Spain’s economy is defying the odds, growing slightly faster in the second quarter (0.7%) compared to the first (0.6%), even as it braces for the impact of looming U.S. tariff hikes. This resilience makes it a standout performer in Europe’s otherwise shaky economic landscape.

Editor’s Note: While Spain’s growth is a bright spot, the bigger story here is tension—between short-term wins and long-term risks. Those U.S. tariffs could hurt exports down the line, so this isn’t just a feel-good headline. It’s a reminder that even "good" economic news comes with asterisks these days.

Spanish infrastructure giant Acciona posted stronger-than-expected operating profits for the first half of the year and reaffirmed its full-year targets—but investors weren’t entirely impressed, as shares dipped slightly despite the positive results.

Editor’s Note: Even when a company outperforms expectations, the market can be fickle. Acciona’s solid numbers suggest resilience in its business, but the share price slip hints at broader investor caution—maybe about economic headwinds or sector-specific concerns. For readers, it’s a reminder that earnings reports only tell part of the story.

Barclays just posted a 23% jump in profits, and the boost comes from an unlikely source—the market chaos sparked by Trump’s trade wars. While tariffs usually spell trouble for businesses, the bank’s trading division cashed in as clients scrambled to hedge against the volatility.

Editor’s Note: It’s a reminder that in finance, turmoil for some means opportunity for others. While manufacturers and farmers might be sweating over tariffs, big banks like Barclays can thrive when markets get shaky. This also hints at how deeply interconnected global trade and financial markets are—what hurts one sector can be a windfall for another.